Buy Bharat Electronics, target of Rs 1215: Parag Parikh
Published on Monday, September 22nd, 2008 at 11:48 AMAuthor: admin (5507 Articles)
Parag Parikh Financial Advisory Services has recommended a buy rating on Bharat Electronics with a target price of Rs 1215 in its September 20, 2008 research report. “BEL currently trades at 8.8x & 7.4x its FY08 & FY10E EPS of Rs. 107.5 & Rs. 121.5 respectively. We recommend a BUY with a target price of Rs. 1215 (35% Upside, based on 10x FY10E),” says Parag Parikh Financial Advisory Services’ research report
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